Catalog
10 Gulden Coin Note
| Issuer | Netherlands Ministry of Finance |
|---|---|
| Year | 1849 |
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| Composition | Paper |
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| Obverse lettering | De nominale Waarde in Goud door de NEDERLAND- SCHE BANK overgenomen, ingevolge Art. 3 der WET van den 17den September 1849, Staatsblad No. 46. No 130407 - TIEN GULDEN MUNT - BILJET Groot TIEN GULDEN. Uitgegeven ingevolge de Wet van den 17den September 1849, Staatsblad No. 46; zijnde de nominale WAARDE in Goud bij de Nederlandsche Bank overgebragt. Zegge f 10-- - `s Gravenhage 15 October 1849 Geregistreerd - De Minister van Financien Geregistreerd voor TIEN GULDEN Register Lett. D. Fo. WET van 17 September 1849. (Translation: The nominal value in Gold adopted by the Dutch Bank, pursuant to Art. 3 of the Law of September 17th 1849, Official Gazette No. 46 No 130407 - Ten Gulden Coin Note Ten Gulden. Issued pursuant to the Law of September 17th 1849, Official Gazette No. 46; being the nominal Value in Gold transferred to the Dutch Bank. Say f 10-- - `s Gravenhage October 15th 1849 Registered - The Minister of Finance Registered for Ten Gulden Register Lett. D. Fo. Law of September 17th 1849.) |
| Reverse description | The reverse is unprinted, showing only the strong bleed-through impression of the obverse text and border ornaments visible through the thin paper stock, with the guilloche border frame faintly mirrored in reverse. |
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| Comments |
The Dutch "muntbiljet" series of 1849 occupies an unusual institutional position: these notes were issued by the Ministry of Finance rather than De Nederlandsche Bank, making them direct obligations of the state treasury rather than a central banking institution. The distinction mattered legally and commercially — merchants who distrusted paper banking instruments were at least dealing with a government debt instrument backed by coin reserves held in the state's name.
The term "coin note" (muntbiljet) was not decorative — these notes were theoretically redeemable one-for-one against silver coinage, a promise that shaped their reception in trade but also made them vulnerable whenever coin reserves came under pressure.